AMSTERDAM, Oct 14 ― Germany's 10-year bond yield fell to its lowest since May today and its Italian equivalent hit a new record low, as investors awaited key speakers from the European Central Bank and bond sales from Germany and Portugal. Expectations of further European Central Bank stimulus to...
Wednesday, 14 Oct 2020 03:51 PM MYT
AMSTERDAM, Oct 14 ― Germany's 10-year bond yield fell to its lowest since May today and its Italian equivalent hit a new record low, as investors awaited key speakers from the European Central Bank and bond sales from Germany and Portugal. That has particularly benefited debt from lower-rated, Southern European countries, which offer a yield pick-up on the likes of Germany and would benefit the most from additional central bank stimulus.
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